ASEAN Briefing News

A Guide to Value Added Tax in Indonesia

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Value-added tax in Indonesia is imposed on the provision of services or the transfer of taxable goods at a rate of 11 percent.

Czech Prime Minister’s Visit Boosts Strategic Partnership with Indonesia: Key MoUs Signed

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Czech Prime Minister Petr Fiala’s visit to Indonesia focused on enhancing relations in key areas such as education, agriculture, and sustainable development.

Changes to Customs Procedure for the Import of Digital Products to Indonesia

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Indonesia has made changes to the customs procedure for the import of digital products into the country.

Merger Control Regime in Indonesia: Noteworthy Changes for Foreign Investors

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Indonesia’s new merger and acquisition rules mandate assets or sales in Indonesia for filings and reduce document checks to three business days.

How to Open a Bank Account in Indonesia?

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We discuss everything you need to know to open a bank account in Indonesia, including the necessary documents, procedure, and fees.

Indonesia and Singapore Sign Six MoUs to Enhance Bilateral Ties

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Indonesia and Singapore signed six memoranda of understanding (MoUs) in late March 2023 to enhance bilateral ties.

An Overview of Indonesia’s Double Tax Avoidance Agreements

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Indonesia’s large number of double tax avoidance agreements (DTAA) eliminate double taxation for businesses and consumers.

How to Set Up a Company in Indonesia

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In this article, we discuss the steps that would-be investors need to take to establish a company in Indonesia.

Incentives for Doing Business in Indonesia

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Indonesia has enhanced and improved the incentives offered to businesses in a bid to spur foreign and domestic investments into the country.

An Overview of Indonesia’s Free Trade Agreements

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Indonesia has signed a number of free trade agreements as an independent market as well as through its membership in ASEAN. These trade agreements provide businesses with improved market access for goods and services and investment opportunities.

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